The Securities and Exchange Commission, the US financial regulator, is holding a roundtable on conflict minerals today (October 18) – and representatives from responsible investors will be there.
The roundtable – which will be webcast live – is being organised as the SEC as it seeks views on the legislation it must make under the Dodd-Frank Act. The rule will require companies to disclose whether they use tantalum, tin, gold or tungsten from the Democratic Republic of the Congo.
The responsible investment industry will be represented at the event by three executives from US socially responsible asset management firms.They are: Bennett Freeman, Senior Vice President, Sustainability Research and Policy at Calvert Investments, Lauren Compere, Managing Director and Director of Shareholder Engagement at Boston Common Asset Management and Susan Baker, Portfolio Manager and Research Analyst, ESG Research and Shareholder Advocacy at Trillium Asset Management.
The roundtable will feature two panels, looking at what is covered by the rule, what steps will be required to comply with the rule, and reporting under the rule.
The SEC issued a draft proposal of the rule in December and hopes to finalise it by the end of the year. Link to relevant SEC page